Chandigarh, July 04: The Chandigarh Power Distribution Limited (CPDL) has credited the value of banked surplus solar units generated through rooftop solar plants to consumers for the financial year 2025–26.
Under the Net Metering Regulations, rooftop solar consumers of CPDL do not lose the value of the surplus electricity exported to the grid. The excess energy generated is banked throughout the financial year and adjusted against future electricity consumption. Any unutilised banked units remaining at the end of the financial year are credited to the consumer at the Average Power Purchase Cost (APPC) approved by the Joint Electricity Regulatory Commission (JERC).
Each month, the energy exported out of the rooftop solar plant is adjusted against the units imported from CPDL. If the consumer exports more units than imported, then the surplus units are banked to the next month and continue to be adjusted against future imports. At the close of the financial year, any remaining banked units are compensated for at the applicable APPC. For FY 2025–26, the APPC approved by JERC is Rs 3.61 per unit.
For example, a consumer with 1000 banked units as on March 31, 2026, would receive a credit of Rs 3610, which reflected in the recent electricity bill under the head “Excess Solar Energy Credit @ APPC.”
